· Earnings watch · MU
Micron Technology Inc (MU) approaches earnings after 132.2% 12-week surge
The memory-chip maker’s weekly context shows strong momentum and positive confirmation before its June 24 report.
Micron Technology Inc (MU) closed at 981.61 USD in the latest weekly market data, with earnings scheduled for June 24 for the fiscal period ending May 31.
The move is supported by a 13.6% one-week gain and a 35.5% four-week advance. Turnover was 1.14 times the 13-week average, while Relative Strength at 160.3 and positive Market Dynamics confirmation point to firm leadership, though the scale of the run raises the bar for the report.